Business Fraud Insurance

Allianz Trade UK's Business Fraud Insurance covers a company’s losses from fraudulent or
deliberate unlawful actions of staff, contractors and criminals.

Business fraud insurance is a key component of today’s corporate risk management and supports a proactive approach to mitigating the ever-present risk and often significant business impact of internal and external fraud.

It supports an organisation’s risk prevention, provides support once fraud is detected, and, crucially, it covers financial losses.

Business fraud insurance protects against fraud committed by what are known as ‘trusted persons’. From permanent and temporary staff, through to external contractors and consultants, you’re covered for theft, fraud, embezzlement or damage to property.

It also covers businesses from certain external threats perpetrated by scammers and organised criminals. This includes robbery, theft, fraud and main variants of the increasing threat of social engineering.

Business fraud insurance can also sometimes be referred to as commercial crime insurance or fidelity insurance.

17%
 rise in fraud in the UK, partly driven by the cost-of-living crisis 1
51%
of global organisations admit experiencing fraud in the last 2 years 2

Prevention is always better than cure, which is why business fraud insurance equips your organisation with the know-how to prevent and identify fraudulent acts.

And in the event of a claim you’re given access to crisis management support to deal with an incident, as well as being indemnified for direct financial losses and other costs incurred.

Equip your organisation with the know-how to prevent and identify fraudulent acts.
Access guidance from specialists to manage the business impact of fraud.
You’re covered for direct financial losses and other costs incurred.

Allianz Trade UK's Business Fraud Insurance is designed for businesses with annual revenues exceeding £15 million. This product is tailored to meet the needs of both medium-sized, corporates and multinationals, providing comprehensive protection against fraud for various company sizes and structures.

 

Allianz Trade is European leader in Business Fraud insurance. Designed for businesses with annual revenues exceeding £15 million, we give our business customers confidence in tomorrow.
Cover is tailored to your company size, your budget and the risks you want to cover.
You’re covered from the boardroom to temporary staff and contractors, through to external fraudsters.
Fraudulent acts that occurred before cover started but were discovered whilst insured are covered.

Complete the form for your free no-obligation Business Fraud Insurance consultation.

Alternatively, call us Mon-Fri, 09:00–17:00 on +44 (0)20 7860 2063.

Please note that our Business Fraud Insurance is designed for businesses with annual revenues exceeding £15 million.